NOT LISTED FOR SALE

505 S Cleveland Ave Unit 222 Arlington Heights, IL 60005

Estimated Value: $206,829 - $243,000

2 Beds
-- Bath
43,500 Sq Ft
$5/Sq Ft Est. Value

About This Home

This home is located at 505 S Cleveland Ave Unit 222, Arlington Heights, IL 60005 and is currently estimated at $229,957, approximately $5 per square foot. 505 S Cleveland Ave Unit 222 is a home located in Cook County with nearby schools including Dryden Elementary School, South Middle School, and Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Valchev Valcho and Valchev Radostina
Bought by
Valchev Living Trust and Valchev
Current Estimated Value
$229,957

Purchase Details

Closed on
Oct 7, 2004
Sold by
Altemese Juliann
Bought by
Valchev Valcho G and Valcheva Radostina I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Altemes Peter and Grimmis Gina Sue
Bought by
Altemes Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valchev Living Trust -- None Listed On Document
Valchev Valcho G $165,000 Pntn
Altemes Julian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valchev Valcho G $33,900
Previous Owner Valchev Valcho G $132,000
Closed Valchev Valcho G $33,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,003 $14,284 $2,476 $11,808
2023 $2,864 $14,284 $2,476 $11,808
2022 $2,864 $14,284 $2,476 $11,808
2021 $2,661 $12,171 $309 $11,862
2020 $2,659 $12,171 $309 $11,862
2019 $2,651 $13,527 $309 $13,218
2018 $1,796 $9,589 $247 $9,342
2017 $1,792 $9,589 $247 $9,342
2016 $1,907 $9,589 $247 $9,342
2015 $1,713 $8,423 $1,176 $7,247
2014 $1,678 $8,423 $1,176 $7,247
2013 $1,619 $8,423 $1,176 $7,247
Source: Public Records

Map

Illinois Cook County Arlington Heights 60005

505 S Cleveland Ave Unit 222, Arlington Heights, IL

This home is located at 505 S Cleveland Ave Unit 222, Arlington Heights, IL 60005 and is currently estimated at $229,957, approximately $5 per square foot. 505 S Cleveland Ave Unit 222 is a home located in Cook County with nearby schools including Dryden Elementary School, South Middle School, and Prospect High School.

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